Sen. Lankford: "There's no question, short-term, tariffs do cause an increase in price. As Secretary Bessent just said, it's a one-time increase that happens."

One time price increases that never goes back down. Like the Covid price hikes.

Here’s what could get more expensive with Trump’s new tariffs.

It’s not one time it will be consistent

Senator Lankford says tariffs cause a one-time price increase? That's a misleading take. While there might be an initial bump, tariffs often lead to long-term price hikes as supply chains adjust, demand fluctuates, and costs continue to rise. It's not a one-time thing. Disappointed in @SenatorLankford he's normally close to the TRUTH. Guess Trump schooled him.

So we finally made it to step 2

Manufacturing is not coming back to America. Americans will not work for $1 a day to make a Nike sneakers that sells for $200. Get fucking real.

@SenatorLankford - here is another of your posts where you seem to say very different things about tariffs... Are you being blackmailed James?

An increase that’s permanent. Have these idiots learned anything after COVID? Once a business sees you’re willing to pay, they’re not going to lower prices. Ever.

"A 'one-time' increase will create a 'one time' cost that will endure 'ad infinitum'. If the tariff does not force a 'more fair' trading relationship (which clearly depends on multiple factors), then you have created new risks which may prove difficult to extract." KGJ

The Titanic sank one-time.